Covestro AG (WBO:1COV) Total Payout Ratio : -0.25 (As of May. 15, 2024)

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What is Covestro AG Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Covestro AG's current Total Payout Ratio is -0.25.

Covestro AG Total Payout Ratio Historical Data

The historical data trend for Covestro AG's Total Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Covestro AG Total Payout Ratio Chart

Covestro AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Payout Ratio

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0.78

-0.50

0.16

-2.83

-0.26

Covestro AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Payout Ratio	Get a 7-Day Free Trial															0.01	-0.07	1.09	-	-

Competitive Comparison of Covestro AG's Total Payout Ratio

For the Specialty Chemicals subindustry, Covestro AG's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Covestro AG's Total Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Covestro AG's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Covestro AG's Total Payout Ratio falls into.

Covestro AG Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Covestro AG's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (-49	+	0	+	-4)	/	-202
	=	-0.26

Covestro AG's Total Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	0)	/	-189
	=	0.00

Covestro AG Total Payout Ratio Related Terms

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Covestro AG (WBO:1COV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (WBO:1COV) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

COVTY:USA CVVTF:USA 11COV:Italy 1COVd:UK 0RBE:UK 1COV:Germany

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373

Website

https://www.covestro.com/en

Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG (WBO:1COV) Headlines

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